Wall Street brokerages expect Endurance International Group Holdings Inc (NASDAQ:EIGI) to report sales of $289.69 million for the current quarter, Zacks reports. Four analysts have provided estimates for Endurance International Group’s earnings, with estimates ranging from $289.00 million to $290.42 million. Endurance International Group posted sales of $292.12 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 0.8%. The firm is scheduled to issue its next quarterly earnings results before the market opens on Tuesday, February 13th.

On average, analysts expect that Endurance International Group will report full-year sales of $289.69 million for the current year. For the next financial year, analysts expect that the company will post sales of $1.17 billion per share, with estimates ranging from $1.16 billion to $1.18 billion. Zacks’ sales averages are an average based on a survey of research firms that cover Endurance International Group.

Endurance International Group (NASDAQ:EIGI) last announced its earnings results on Tuesday, October 31st. The software maker reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.13). Endurance International Group had a negative return on equity of 161.36% and a negative net margin of 12.74%. The business had revenue of $295.20 million during the quarter, compared to analysts’ expectations of $290.45 million. During the same quarter in the previous year, the firm earned ($0.24) EPS. Endurance International Group’s quarterly revenue was up 1.4% on a year-over-year basis.

A number of equities analysts have recently weighed in on EIGI shares. SunTrust Banks restated a “hold” rating and issued a $8.00 target price on shares of Endurance International Group in a research note on Thursday, October 12th. Zacks Investment Research upgraded Endurance International Group from a “sell” rating to a “hold” rating in a research note on Tuesday, October 24th. Jefferies Group restated a “sell” rating and issued a $5.00 target price on shares of Endurance International Group in a research note on Tuesday, October 31st. BidaskClub downgraded Endurance International Group from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Finally, Oppenheimer restated a “buy” rating and issued a $12.00 target price on shares of Endurance International Group in a research note on Tuesday, December 12th. Five research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $8.70.

A number of institutional investors have recently bought and sold shares of EIGI. Jane Street Group LLC purchased a new position in Endurance International Group in the third quarter valued at approximately $102,000. Cubist Systematic Strategies LLC lifted its stake in Endurance International Group by 37.4% in the second quarter. Cubist Systematic Strategies LLC now owns 18,791 shares of the software maker’s stock valued at $157,000 after purchasing an additional 5,111 shares during the last quarter. Voya Investment Management LLC lifted its stake in Endurance International Group by 14.9% in the second quarter. Voya Investment Management LLC now owns 29,860 shares of the software maker’s stock valued at $249,000 after purchasing an additional 3,877 shares during the last quarter. Aperio Group LLC lifted its stake in Endurance International Group by 46.6% in the fourth quarter. Aperio Group LLC now owns 30,759 shares of the software maker’s stock valued at $258,000 after purchasing an additional 9,775 shares during the last quarter. Finally, Kazazian Asset Management LLC purchased a new position in Endurance International Group in the second quarter valued at approximately $316,000. Institutional investors and hedge funds own 86.41% of the company’s stock.

Shares of Endurance International Group (NASDAQ:EIGI) traded down $0.37 during midday trading on Tuesday, hitting $7.90. The stock had a trading volume of 252,330 shares, compared to its average volume of 271,980. Endurance International Group has a 12-month low of $6.20 and a 12-month high of $9.85. The stock has a market cap of $1,190.98 and a P/E ratio of -7.18. The company has a debt-to-equity ratio of 31.15, a current ratio of 0.33 and a quick ratio of 0.33.

COPYRIGHT VIOLATION NOTICE: “Zacks: Brokerages Expect Endurance International Group Holdings Inc (EIGI) Will Post Quarterly Sales of $289.69 Million” was first posted by Watch List News and is owned by of Watch List News. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at https://www.watchlistnews.com/zacks-brokerages-expect-endurance-international-group-holdings-inc-eigi-will-post-quarterly-sales-of-289-69-million/1840419.html.

About Endurance International Group

Endurance International Group Holdings, Inc (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. The Company operates through two segments: Web Presence and Email Marketing. The Company’s Web presence segment consists of Web hosting, domains and the related products and services.

Get a free copy of the Zacks research report on Endurance International Group (EIGI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Endurance International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endurance International Group and related companies with MarketBeat.com's FREE daily email newsletter.